5 years ago

Primer Raises £14 Million to Expand Payments Platform

  • Primer, a London-based startup founded by ex-PayPal employees, has secured £14 million in Series A funding led by Accel

  • Existing investors Balderton, SpeedInvest, and Seedcamp also participated, along with RTP Global

  • The funding will be used to expand business development efforts internationally and scale its remote-first product and engineering organization

  • Primer's platform enables e-commerce merchants to connect and maintain their entire payments ecosystem through a unified, payments API and checkout

  • The company's low-code approach allows merchants to manage and expand their payments ecosystems with a familiar workflow UI.

      • ProblemTechnology

      "Online merchants need to seamlessly integrate and manage a growing number of payment processing services, fraud prevention tools, and other financial technologies to provide a smooth customer experience and stay competitive."

      Solution

      "Primer offers a unified platform that allows e-commerce merchants to connect and control their entire payments ecosystem through a single API and checkout, simplifying the integration and management of various payment services."

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